Detection Risk Is Affected by Which Aspects of Substantive Audit

question 46

Multiple Choice

Detection risk is affected by which aspects of substantive audit procedures?

• A)Nature.
• B)Timing.
• C)Extent.
• D)All of the above.

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Definitions:

Creativity

The ability to generate novel and valuable ideas or solutions to problems.

Rationalization

A compromise mechanism characterized by trying to justify one’s behavior by constructing bogus reasons for it.

Receptivity

The willingness or readiness to accept or be open to ideas, suggestions, or changes.

Intuition

An understanding or insight gained without the need for conscious reasoning.